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• W1488330079 abstract "The Spanish labour market is a prominent case of segmentation with flexibility at the margin (e.g., just a..ecting fixed-term employees). Flexibility at the margin produces a gap in separation costs between temporary and permanent workers which causes fixed-term contracts to be the main workforce adjustment device. It also leads to a productivity gap, due to high turnover and lack of on-the-job training of temporary employees. To explain the high volatility of the Spanish labour market we develop a matching model with temporary and permanent employees where these gaps play a central role. This model is calibrated and simulated to match the stylised facts and assess the cyclical implications of the 1984 and 1997 labour market reforms." @default.
• W1488330079 created "2016-06-24" @default.
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• W1488330079 date "2009-01-01" @default.
• W1488330079 modified "2023-09-24" @default.
• W1488330079 title "FLEXIBILITY AT THE MARGIN AND LABOUR MARKET VOLATILITY: THE CASE OF SPAIN" @default.
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• W1488330079 hasPublicationYear "2009" @default.
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